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Hibbett Sports I Crosses Below its 10-day MA (HIBB)

By James Quinn

Hibbett Sports I (NASDAQ:HIBB) crossed under its 10-day moving average of $22.82 on a volume of 241K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Hibbett Sports I share prices have moved between a 52-week high of $45.85 and a 52-week low of $9.40 and are now trading 130% above that low price at $21.60 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.3%.

SmarTrend is monitoring the recent change of momentum in Hibbett Sports I. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Hibbett Sports I in search of a potential trend change.

Keywords: moving crosses hibbett sports i

Ticker(s): HIBB